Why Flexible Data Management Is So Important in GRC

Data plays a crucial part in business, allowing companies make more informed decisions and help drive growth. It can be difficult to manage this wealth of data. To ensure that your organization can take advantage of all https://boardroomreview.blog/how-many-votes-are-needed-for-an-ordinary-resolution the benefits that data can offer, a flexible approach to managing data is vital.

Flexibility is essential to any GRC program since it lets organizations to be flexible and adapt to changing needs. Flexible strategies, like metadata-driven data linesage records, dictionaries and business glossaries, can aid in addressing these issues. Flexible data management allows companies to avoid costly platform-based data units such as data ponds and data warehouses that can be difficult to move from or expand to meet a growing needs.

LogicGate Director of Customer Success Szuyin Leow discusses why flexibility is so important in GRC and how to incorporate it into your strategy for managing your data in this episode of our podcast,”GRCM & Me.

The best way to ensure your organization’s data management solutions remain flexible is to design your solutions with the end in mind. It is essential to identify the key insights and outcomes that your company hopes to achieve in order to organize and configure systems to be in line with these goals. Using the right tools, like MarkLogic’s semantic capabilities can also enable you to rapidly expand your data infrastructure without losing control of your sensitive information.